Top Indian Metal & Energy Industry News & Updates - 10 May 2023,Wednesday

Govt. Policy / Industry

📝  Green hydrogen: State oil firms target 38,000 tonnes/year capacity by 2024-25
📝  India to push for carbon certificates mutual recognition with EU
📝  Large steelmakers look for government support on path to green steel
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Aluminium & Copper

📝  SRF Ltd to incorporate SRF Altech into new aluminium foil manufacturing facility
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Gold / Silver & Bullion

📝  Gold jumps Rs 450; silver declines Rs 380
📝  GJEPC starts India Jewellery Exposition Centre in Dubai
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Oil & Gas / OMCs

📝  Castrol India PBT falls 7% to 288 cr in Q1 2023 YoY
📝  India's April diesel sales soar, overall fuel consumption eases
📝  Oil prices climb as recession fears begin to fade
📝  ONGC to get dividends instead of oil from Russia's Sakhalin-1 field
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Power

📝  RattanIndia Power looks to refinance costly debt
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Renewable Energy

📝  PTC India inks pact with Brookfield Renewables to purchase 100 MW solar power
📝  Suzlon Energy plans to raise Rs 2000 crore via NCDs
📝  Avaada Energy wins 280MW solar project from Rajasthan Urja Vikas Nigam
📝  ‘Gearing’ up for RE push
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International

📝  Dalian iron ore climbs on China stimulus bets; SGX price dips
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Economy

📝  Rupee falls 27 paise to close at 82.05 against US dollar
📝  Fitch pares India’s GDP growth forecast for this year to 6% from 6.2%
📝  Markets end flat in volatile trade amid weak trends in global equities
📝  Markets climb in early trade on continuous foreign fund inflow
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